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here. >> hike in the stephen flynn from northeastern university in boston. on the issue of new normal, i wonder picking up on david's point about the price to post-9/11, is the sort of coming to grips with the hubris we could prevent bad things from happening, this huge investment in the post-secular world arabic ere we could ideally stop risk. actually coping with that is what we really need to increase and maybe just bring it very close to home. we just had this bashing mother nature in the area, priced at around $60 billion for a risk above the basic things like when you have tunnels that are only seven feet above water. it fills up the hole and you end up with 86 million gallons of oil in the tunnel and that's not hard to predict. putting safeguards in place in recovering this may be one element of this. basically the issue is that we focus too much on trying to prevent risk instead of managing it better? >> steve tried to argue for solace, which is an interesting concept. yes, back here. >> richard downey from the center for hemispheric u.s. david, you mentioned in the election t
-- [inaudible] i love boston there a lot of smart people there. i resented the fact that people in the north think that people in texas are disperving of terms like -- [inaudible] i know about you but it upsets me. we have people that are a little capable of doing things including the then president of the united states lyndon johnson. in a six-week period kept the kennedy team because it was a essential to be able to keep the momentum going on the agenda that had stalled for three years effectively. he kept the kennedy team which showed the leadership kills humility. he the leadership skill of dogged determination to create and he had the skill of creating a strategy and implemented in aics-week period a 125% across the board cut in tax rates. believe it or not as a liberal democrat the idea was to cut taxes to raise rev now fund the great society program. he went to the senate, which was opposed to the ultimately goal of, you know, significant in the legislation and convince the dean of the senate, who was the budget chair that he would commit to a tbhawment year to year a decrees. not lik
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